Federal Reserve Release, H2, Actions of the Board, its Staff, and the Federal Reserve Banks; Applications and Reports Received

Release dates | Full version (300 KB PDF)
Actions by the Board | Actions under delegated authority
Applications and reports:
Boston | New York | Philadelphia | Cleveland | Richmond | Atlanta
Chicago | St. Louis | Minneapolis | Kansas City | Dallas | San Francisco

District: 7
Federal Reserve Bank of: Chicago

Filings received during the week ending October 29, 2005

Filer Filing Type Filing Proposal End of Comment Period
CAPITOL BANCORP LTD. * 3A1
* 3A3
Capitol Bancorp, Ltd. Lansing, Michigan, to acquire 51 percent of the voting shares of Capitol Development Bancorp Limited III, Lansing, Michigan, and thereby indirectly acquire Bank of Santa Barbara (in organization), Santa Barbara, California, and by Capitol Development Bancorp Limited III, Lansing, Michigan, to become a bank holding company by acquiring 51 percent of the voting shares of Bank of Santa Barbara (in organization), Santa Barbara, California.
Newspaper: Not available
Federal Register: 11/28/2005
CENTERBANK FINANCIAL, INC. * 3A1 CenterBank Financial, Inc., Northfield, Illinois, to become a bank holding company by acquiring 100 percent of the voting shares of CenterBank and Trust, National Association (in organization), Deerfield, Illinois.
Newspaper: Not available
Federal Register: 11/18/2005
CHEMICAL BANK AND TRUST COMPANY * Branch Chemical Bank and Trust Company, Midland, Michigan, to establish a branch facility to be located at 310 N. Shiawassee St., Corunna, Michigan.
Newspaper: 11/02/2005
Federal Register: Not applicable
COLE TAYLOR BANK * Branch Cole Taylor Bank, Rosemont, Illinois, to establish a branch facility to be located at 9550 W. Higgins Road, Rosemont, Illinois.
Newspaper: 11/03/2005
Federal Register: Not applicable
COMERICA BANK * Branch Comerica Bank, Detroit, Michigan, to establish two branch facilities to be located at 23330 Westheimer Parkway, Katy, Texas, and at 8707 Highway 6 South, Houston, Texas.
Newspaper: 11/03/2005
Federal Register: Not applicable
COMERICA BANK * Branch Comerica Bank, Detroit, Michigan, to establish branch facilities to be located at 6812 Katella Ave., Cypress, California; 318A Diablo Road, Ste. 100, Danville, California; and 6301 Wilshire Blvd., Los Angeles, California.
Newspaper: Not available
Federal Register: Not applicable
FIRST MIDWEST BANK * 18C
* Branch
First Midwest Bank, Itasca, Illinois, to purchase the assets and assume the liabilities of the Carpentersville, Illinois branch of Elgin State Bank, Elgin, Illinois, and thereby to establish a branch located at 2250 Randall Road, Carpentersville, Illinois.
Newspaper: Not available
Federal Register: Not applicable
R & J FINANCIAL CORPORATION CIC Notice by James Jay Johnson, Sutherland, Iowa, to gain control of R & J Financial Corporation, Inc., Elma, Iowa, and thereby indirectly Peoples Savings Bank, Charles City, Iowa.
Newspaper: Not available
Federal Register: 10/31/2005
TOWN BANK * Branch Town Bank, Delafield, Wisconsin, to establish a branch facility to be located at 12960 West Bluemound Road, Elm Grove, Wisconsin.
Newspaper: 10/05/2005
Federal Register: Not applicable


Availability of CRA Public Evaluations

The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR 228). The regulation was revised in May 1995.

The CRA requires that each depository institution's record in helping meet the credit needs of its entire community be evaluated periodically. That record is taken into account in considering an institution's application for deposit facilities.

A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.

Federal bank regulators use the following performance levels to rate an institution's performance under CRA:

O = Outstanding
S = Satisfactory
NI = Needs to improve
SN = Substantial noncompliance

The following state member banks have been examined and their CRA public evaluations are now available.
 
Institution / Location
RSSD
ID
 
Exam Date
CRA
Public Date
CRA
Rating
Exam Method
NONE


CRA Examinations scheduled for     Quarter of

Institution Location
NONE

Release dates | Full version (300 KB PDF)
Actions by the Board | Actions under delegated authority
Applications and reports:
Boston | New York | Philadelphia | Cleveland | Richmond | Atlanta
Chicago | St. Louis | Minneapolis | Kansas City | Dallas | San Francisco